In a filing, Broadridge Financial Solutions, Inc. revealed its Co-President ICS DESCHUTTER DOUGLAS RICHARD unloaded Company’s shares for reported $2.5 million on Mar 07 ’24. In the deal valued at $204.71 per share,12,200 shares were sold. As a result of this transaction, DESCHUTTER DOUGLAS RICHARD now holds 32,480 shares worth roughly $6.29 million.
Then, Duelks Robert N sold 830 shares, generating $167,311 in total proceeds. Upon selling the shares at $201.58, the Director now owns 5,445 shares.
Before that, Carey Thomas P sold 12,731 shares. Broadridge Financial Solutions, Inc. shares valued at $2,559,131 were divested by the Corporate VP at a price of $201.02 per share. As a result of the transaction, Carey Thomas P now holds 13,303 shares, worth roughly $2.58 million.
Wolfe Research upgraded its Broadridge Financial Solutions, Inc. [BR] rating to a Peer perform from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who began to cover the stock in late April with a ‘”an Outperform”‘ rating. Morgan Stanley began covering BR with “an Equal-weight” recommendation on December 14, 2022.
Price Performance Review of BR
On Tuesday, Broadridge Financial Solutions, Inc. [NYSE:BR] saw its stock fall -1.05% to $193.61. Over the last five days, the stock has lost -6.58%. Broadridge Financial Solutions, Inc. shares have fallen nearly -5.90% since the year began. Nevertheless, the stocks have risen 33.36% over the past one year. While a 52-week high of $210.24 was reached on 01/30/24, a 52-week low of $139.52 was recorded on 02/01/24. SMA at 50 days reached $200.95, while 200 days put it at $188.30. A total of 0.5 million shares were traded, compared to the trading of 0.33 million shares in the previous session.
Levels Of Support And Resistance For BR Stock
The 24-hour chart illustrates a support level at 192.58, which if violated will result in even more drops to 191.55. On the upside, there is a resistance level at 195.50. A further resistance level may holdings at 197.39. The Relative Strength Index (RSI) on the 14-day chart is 36.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.80%. Stochastics %K at 5.24% indicates the stock is a buying.
